Huawei is on the list among top 50 best companies by MIT Technology Review

Huawei was on the list among the top 50 best companies by MIT Technology Review which was released on June 29, 2019. MIT Technology, one of the most influential technology media companies in the world choose 50 best combinations of technology innovations and effective business models across the globe annually since 2010.

In making that choice, it chooses 50 most outstanding companies depending on their performance, the method they used and their gained succeed.  MIT Technology Review chooses the companies with the new technology competitions, great success, and companies ICT Field and has selected and evaluated the innovation potential of the world. Huawei has been selected this year because of its outstanding performance. Photo Source – https://www.huawei.com/mm/

William Xu, the director of Huawei and chairman of the Institute of Strategic Research said “Over the past 30 years, Huawei has been integrating technology and engineering innovations. We focused on solutions based on the needs of the users. We named this innovation as Innovation 1.0 and we will continue to Innovation 2.0 which refers to theoretical successes, innovative concepts in the future. Transparent innovation means working together with technical experts around the world. In doing so, we will share resources and capabilities. Inclusive development is the result of an innovation that is shared by all people and all sectors. This kind of collaboration will improve the future of the world and all areas” in 50 Smartest Companies 2019 China Summit.

Photo Source – https://www.huawei.com/mm/

Wiliam Xu added the education community is the source of identifying new concepts and inventions and businesses makes to raise challenges in the field, solve the customer’s needs, develop the research conducted by universities by providing financial support.

Huawei has already announced that they will keep providing the research activities of universities and vocational colleges and the disclosure will continue the new technologies of the future for the whole information processes which include information generation, storage, computing, transmission and presentation to information consumption.

Photo Source – https://www.huawei.com/mm/

For the first time this year, Chinese companies and international companies operating in China have been allowed to participate in the selection of the 50 best companies of the MIT Technology Review.